Macroaxis LLC’s Post

IPC announced today the August 2024 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.27. Total North American EMS shipments in August 2024 were down 4.4 percent compared to the same month last year. Compared to the preceding month, August shipments decreased 1.3 percent. EMS bookings in August increased 16.4 percent year-over-year and increased 24.3 percent from the previous month. “A strong recovery in orders this month pushed the book-to-bill ratio higher. While orders had been weak in recent months, August's performance helped reverse the trend,” said Shawn DuBravac, IPC’s chief economist. More: https://lnkd.in/gbdDspfr

"The last quarter of 2023 followed the same trend as the previous quarters. Continued solid turnover while order intake continues to be negatively affected when our customers continue to reduce their inventory levels in a somewhat weaker market", says CEO Staffan Dahlström. Read the full report here ⬇️ https://lnkd.in/dW7tNtT5 #industrialict #industrialautomation #buildingautomation #hmsnetworks

The reporting of material events by a Public Listed  Company has been a challenge due to the ambiguity in disclosure requirements under existing regulations. SEBI’s recent consultation paper attempts to streamline this ambiguity by suggesting the materiality threshold mandating market rumour verification should be based on the price movement of a stock. The benchmark being the price movement related to the Index of Nifty 50 and Sensex 30. Industry bodies are currently evaluating the process.   Key Questions which will come up:   -         Whether materiality for the purpose of rumour verification requirement should be considered in terms of material price movement? -         Whether one agrees that rumour shall be required to be verified and confirmed , denied Or clarified within 24 hours of material price movement -         Whether unaffected price should be considered for any material transaction of the Company during this period -         Whether Key Management Personnel (KMP) and Senior Management Personnel should be mandated to provide adequate, accurate and timely response to queries raised or explanation sought by the listed entity in order to ensure compliance.

A throw back to our 2023 case study, look out for our 2024 case study in the upcoming 2024 supplier guide, to be released in the not-too-distant future.

📉 IPC Report: North American PCB Shipments Decline by 24.1% in September The latest findings from IPC’s North American PCB Statistical Program reveal a significant drop in shipments amid weaker order trends. With the book-to-bill ratio at 1.08, the industry faces a challenging market environment. 🔗 Read More: https://ow.ly/p1Zf50TV57w #PCB #ElectronicsIndustry #ManufacturingTrends #TechNews #MarketUpdate #IPC #NorthAmerica #IndustryInsights

NTI Update: June Edition! 🚛 Get ready for the latest insights into the transportation market with our June NTI update! 📈 Outbound Tender Volumes (OTVI) surged over 7.1% from May 26 to June 3, marking one of the strongest demand spikes to start the summer shipping season since 2019. 🚛 Spot Rates remain elevated beyond the Memorial Day period, with the NTIL (excluding fuel costs) maintaining relatively high levels. 📊 Market Trends: - OTVI Explained: Measures total electronic requests from shippers to carriers, focusing on contract freight, particularly dry van and refrigerated. - Oversupply Impact: The truckload market has been in oversupply since early 2022, with a recession hitting transportation service providers. 💡 Key Takeaways: - Largest Volume Jump: This year saw an 8.8% increase, the biggest since 2019, but rates haven't risen proportionally due to sufficient capacity. - Spot Rate Growth: Averaging 4%-7% higher year-over-year since early May. - Positive Shift: Transportation service providers see a directional shift, with rejection rates trending higher but still below 5%. Stay tuned for more updates and insights! 🚛📈 #Transportation #FreightMarket #NTIUpdate #Logistics #Shipping #SupplyChain #SpotRates #OTVI

𝐙𝐈𝐌 𝐒𝐭𝐨𝐜𝐤 𝐒𝐮𝐫𝐠𝐞𝐬 𝐨𝐧 𝐄𝐚𝐫𝐧𝐢𝐧𝐠𝐬 𝐁𝐞𝐚𝐭, 𝐔𝐩𝐠𝐫𝐚𝐝𝐞𝐝 𝐆𝐮𝐢𝐝𝐚𝐧𝐜𝐞 Israeli container shipping company ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced its consolidated results for the three and six months ended June 30, 2024. The company reported earnings per share of $3.08, significantly exceeding analysts’ estimates of $1.79, which led to a more than 20% surge in its stock price on Monday morning. ZIM has been one of the most closely watched stocks throughout the Red Sea crisis. The company’s total revenues for Q2 2024 were $1.93 billion, up from $1.31 billion in Q2 2023, driven mainly by higher freight rates and increased volumes. ZIM transported 952,000 TEUs in Q2 2024, compared to 860,000 TEUs in Q2 2023, with the average freight rate per TEU rising to $1,674 from $1,193. “We are pleased with our strong second quarter performance, highlighted by outstanding strategic execution that led to record high carried volume, representing 11% growth year-over-year. The steps we have taken to upscale our capacity and enhance our cost structure continued to drive strong financial results,” said Eli Glickman, ZIM President & CEO. Glickman added that ZIM’s strategic increase in spot market exposure in the Transpacific trade has allowed the company to benefit from sustained high rates. ZIM reported an operating income of $468 million for Q2 2024, a significant improvement from a $168 million loss in Q2 2023, primarily due to increased revenues. Net income for Q2 2024 was $373 million, compared to a net loss of $213 million in the same period last year.

Wafer Cleaning System Market Growth in 2024-2030: Dynamics, Opportunities, and Strategies https://lnkd.in/e9EVviz6 #marketanalysis #marketresearch #marketresearchreports #businessintelligence

Stay ahead in the commercial vehicle industry with the latest data from NTEA's Annual Manufacturers’ Shipments Report. This comprehensive report provides a deep dive into industry trends, helping you make informed decisions and strategize for the future. For distributors, upfitters, and manufacturers, this report is a must-have resource to keep your finger on the pulse of the market. #CommercialVehicles #Manufacturing #NTEA #IndustryInsights #MarketTrends #Transportation

#ICYMI The 25th edition of Annual Manufacturers’ Shipments Survey (AMSS) Report is available - get your copy today! The report offers directional guidance to help industry manufacturers and distributors assess business performance. Featuring 2023 data, the latest AMSS report indicates the 2023 value of shipments increased 9.7% as compared to 2022. Shipments rose 8.9% in 2022. Consistent with historic results is significant variation in product line growth rates. In unit terms, many product lines registered declines relative to 2022. In total, though, units were nearly level with 2022, which is reflective of chassis sales data from NTEA’s Monthly OEM Statistics Program. https://lnkd.in/g6W53Zwr